Optimal Blue's September 2024 Market Advantage mortgage data report cited the FOMC rate cut as the main trigger for activity
Tagged: rate locks
CoreLogic determines how many loans would be ripe for a refi if rates drop again
Optimal Blue's July 2024 Market Advantage mortgage data report shows a lift in mortgage activity as interest rates dip
Broader economic uncertainty makes for a challenging 2024, MCT's head of trading says.
Increasing homeowner willingness to sell, regardless of mortgage rates, coupled with improving affordability signals a potential shift in the housing market dynamics for 2024.
Holiday season contributes to decrease; experts eye federal reserve's impact on mortgage rates.
Despite a 10% drop in lock volume, low rates drive refinance to highest level since February; credit scores and loan amounts see changes.
Loan origination predicted to remain low in the new year
Fannie Mae survey reveals a blend of financial and non-financial factors behind homeowners' decisions to stay put, with aging-in-place and home attachment also playing pivotal roles.
September sees 20% drop in rate lock volumes, marking a four-month downward trend, amidst rising interest rates and seasonal purchase fluctuations.